This Multifamily Property is no longer advertised on LoopNet.com.

4221 N Grand River Ave
Lansing, MI 48906
Skyline Apartments · Multifamily Property For Sale · 12 Units

Investment Highlights

  • The Ingham County submarket contains over 30,000 market rate apartments. Q2 occupancy is nearly 95%
  • Located immediately southeast of a major international airport entrance. There are 700 people employed at the airport, and LAN contributes nearly 6,2
  • Frontage on Grand River Ave. which provides access to I-96, US 127, I-69 and I-496.
  • Residents enjoy access to amenities of Downtown Lansing and East Lansing.

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 9,096 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1965/2022
Parking Ratio 2.31/1,000 SF
Zoning D-1 PRO - Downtown Professional

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Handrails
  • Vinyl Flooring
  • Warming Drawer
  • Wheelchair Accessible (Rooms)
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Maintenance on site
  • Online Services
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - 700
2+1 11 - 850

Property Taxes

Property Taxes

Parcel Number
01-01-06-252-241
Land Assessment
$45,000
Improvements Assessment
$238,000
Total Assessment
$283,000
  • Listing ID: 32271585

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 4221 N Grand River Ave, Lansing, MI 48906

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